Yara International ASA (OTCMKTS:YARIY) Stock Passes Below Fifty Day Moving Average – What’s Next?

Yara International ASA (OTCMKTS:YARIY) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $18.49 and traded as low as $17.48. Yara International ASA shares last traded at $17.4950, with a volume of 19,801 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have weighed in on YARIY shares. Pareto Securities raised Yara International ASA to a “hold” rating in a research note on Friday, October 3rd. Zacks Research lowered Yara International ASA from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. Finally, Jefferies Financial Group raised shares of Yara International ASA from a “moderate sell” rating to a “strong-buy” rating in a report on Tuesday, November 11th. Three equities research analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Yara International ASA has a consensus rating of “Buy”.

Yara International ASA Stock Performance

The company has a fifty day moving average price of $18.47 and a two-hundred day moving average price of $18.45. The firm has a market cap of $9.11 billion, a price-to-earnings ratio of 12.33 and a beta of 0.86. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.73 and a quick ratio of 0.83.

Yara International ASA Company Profile

Yara International ASA provides crop nutrition and industrial solutions in Norway, European Union, Europe, Africa, Asia, North and Latin America, Australia, and New Zealand. The company offers ammonium- and urea-based fertilizers; compound fertilizers that contain nutrients, such as nitrogen, phosphorus, and potassium; coatings; biostimulants; organic-based fertilizers; green fertilizers are nitrate-based mineral fertilizers, as well as foliar and fertigation solutions; and nitrate, calcium nitrate, micronutrient, and fertigation and urea fertilizers.